Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
18:03
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Iran Downs Advanced UAV Over Strait of Hormuz on September 20

According to Iranian military, Iranian air defense forces downed and destroyed an advanced "orbital aircraft" unmanned aerial vehicle over the Strait of Hormuz on September 20 at 6:30 p.m. local time. The Iranian military stated the UAV was destroyed using domestically developed air defense systems.
17:49
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Saudi Warplanes Conduct 28 Strikes on Yemen in 24 Hours, Total Reaches 760 Since Campaign Escalation

According to Houthi statements, Saudi warplanes conducted 28 airstrikes over the past 24 hours on September 20, targeting provinces including Taiz, Jouf, and Marib. The strikes were carried out by F-15 and Typhoon fighter jets operating from Khamis Mushayt and Taif air bases. Since the escalation of Saudi military operations against Yemen, the cumulative number of airstrikes has reached 760.
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17:42
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FRONT Rises 11.46% in 5 Minutes to $0.016925

In just five minutes, FRONT token climbed 11.46% to $0.016925 from $0.015185. Trading volume increased notably amid the rapid price movement. The asset's 24-hour high reached $0.020578, with current market cap at $1,523,264.
17:31
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South Korean Financial Firms Increase AI Data Center Financing; 60MW Gunsan Project Secures 5% Loan Rate, IRR Reaches 20%

According to market reports on September 20, 2026, South Korean financial institutions are accelerating project financing (PF) for AI data centers. Korea Investment & Securities secured financing for a 60MW AI data center in Gunsan, North Jeolla Province, at a senior loan rate of approximately 5%, reflecting strong investor appetite for infrastructure backed by long-term corporate tenancy commitments. The development project is expected to generate internal rates of return (IRR) of approximately
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17:31
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AI Data Center PF in South Korea Achieves ~20% IRR; 60MW Gunsan Project Secures Financing at 5%

According to E-Daily, on September 20, Korean financial institutions are increasingly financing AI data center projects as a new trillion-won investment opportunity. Korea Investment Securities secured senior debt financing for a 60MW AI data center in Gunsan at early 5% rates, backed by 100% pre-leasing from a major IT corporation. The development is expected to expand to 300MW. Comparable 40MW-class projects target internal rates of return (IRR) around 20%, significantly higher than office dev
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17:31
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U.S. Treasury Sanctions Iranian Crypto Exchange BitBank Over Bitcoin Transfers to IRGC

According to the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC), the agency has sanctioned Tehran-based crypto exchange BitBank for transferring hundreds of millions of dollars in Bitcoin to Iran's Islamic Revolutionary Guard Corps (IRGC) during June and July. OFAC stated that BitBank is controlled by Iranian financier Babak Zanjani, who was previously designated in January 2026. The sanctions also target BitBank's software developer Pishtaz Simorgh and its parent company
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BTC-0.38%
17:24
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Minneapolis Fed President Kashkari Warns Inflation Still Too High on Sept 20

According to Fox News, on September 20, Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, warned that inflation remains too high, even excluding volatile energy and food prices. In an interview, Kashkari emphasized the Fed will continue its role and expressed hope that as conditions normalize, other sectors of the economy will receive some relief. He noted that U.S. growth and the labor market remain solid, while responsibility for bond markets lies with the Treasury Departmen
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17:12
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Senate Defeats Clarity Act 49-50 Vote; SEC and CFTC Move to Lead Crypto Regulation

On Tuesday, the Senate failed to advance the Clarity Act, a landmark crypto market structure bill, in a 49-50 vote. All Democrats voted against the measure, joined by three Republicans: Sens. Susan Collins (R-ME), Josh Hawley (R-MO), and Jerry Moran (R-KS). The vote fell short of the 60 votes needed to advance the bill after more than a year of bipartisan negotiations. With Congressional progress stalled amid political tension, regulatory action has accelerated. On Thursday, SEC Chair Paul Atkin
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16:58
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U.S. Treasury Secretary Defends Dollar's Dominance, Says It Accounts for 89.2% of Global FX Transactions on Sept 20

According to Yonhap Infomax, U.S. Treasury Secretary Scott Bessent stated on September 20 that the dollar accounts for 89.2% of global foreign exchange transactions, reaffirming the currency's central role in international finance. Bessent emphasized that foreign investors continue to hold substantial U.S. assets and reiterated that major stablecoins are denominated in dollars. He also noted that Saudi Arabia has exited the mBridge digital currency project led by China, suggesting other nations
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16:43
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German Chancellor Merz Calls Mecklenburg-Vorpommern Election Result a Disaster on September 20

According to Jin10, on September 20, German Chancellor Friedrich Merz called the Mecklenburg-Vorpommern (M-V) state parliament election result a disaster for his Christian Democratic Union (CDU) party following exit polls. Merz stated the election outcome reflects declining public trust in state institutions and brings new challenges and uncertainties. He emphasized Germany must embrace change and become a nation of new beginnings, and as party leader and chancellor, he is prepared to take respo
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16:42
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Fetch.ai Confirms SingularityNET Bridge Exploit; AGIX to FET Conversions Halted

According to Fetch.ai's official announcement, a security exploit targeting the SingularityNET Bridge between Ethereum and Cardano networks has been confirmed. The breach involved unauthorized minting through the bridge. In response, Fetch.ai has paused AGIX to FET conversions as a precautionary measure. The investigation confirmed that no Fetch.ai contracts are currently at risk, and the platform continues to operate normally.
FET-1.66%
ETH-0.71%
ADA-0.73%
16:41
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Citi CEO: Enterprises Accelerating Cybersecurity Defenses as AI Risks Rise; Energy Now AI Development Bottleneck

According to Citi CEO Jane Fraser speaking at the Qatar Economic Forum on September 21, enterprises globally are accelerating cybersecurity defenses as artificial intelligence capabilities strengthen, triggering what she described as a "defensive race" with increased patch deployment. Fraser noted that recent AI system breaches by firms including Google and Anthropic during testing have heightened security concerns. She also stated that AI development's constraint has shifted from chip availabil
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